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Every year brings new challenges and opportunities for business owners. As 2025 begins, it’s a good idea to evaluate the previous year and look ahead to changes that might affect your industry.
Staying ahead of these shifts is the best way to stay competitive and maintain long-term success. Here are five things that could impact your company in 2025:
Related: What Every Entrepreneur Should Prepare for in 2025 — These Trends Could Make or Break Your Business
1. Tariffs
President Trump has promised to impose a 10% tariff on most foreign imports, with higher tariffs on Chinese and Mexican goods. Tariffs increase the
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